Air Freight News
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Chevron misses earnings estimate as refining posts first loss in four years
Chevron Corp reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins pushed its refining business into a loss for the first time…
Near-misses at Washington airport worried pilots well before fatal crash
U.S. commercial pilot Rick Redfern was preparing to land at Reagan Washington National Airport about a decade ago when he spotted a bright red Coast…
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Phillips 66 reports smaller-than-expected fourth quarter loss
Refiner Phillips 66 reported a smaller-than-expected loss on Friday.
Investigators seek to salvage aircraft after deadly Washington crash
Investigators plan to push forward on Friday with efforts to retrieve the two aircraft involved in a crash in Washington that killed 67 people and…
US Treasury Department withdraws from global regulatory climate change group
The U.S. Treasury Department said on Thursday it was withdrawing from a global body of central banks and regulators devoted to exploring ways to police…
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Peru targets $40 billion in agricultural exports by 2040
Peru, the world's No. 2 copper exporter, could see farming overtake mining as the biggest economic driver by 2050, the country's agriculture minister told Reuters,…
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India’s lower coal imports mean bad news for power emissions: Maguire
India lowered imports of thermal coal by over 5.5 million tons in 2024 from the year before, according to data from Kpler, which may seem…
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Exxon beats Q4 estimates with higher Permian, Guyana output
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.
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Spanish port traffic surges due to Red Sea crisis
The volume of goods moving through Spanish ports rose by 6% in 2024 after they became the first point of call in Europe for many…
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Port of Oakland records 2.26 million TEUs last year
Data shows resilience, growth; loaded containers up 15 percent from previous year